According to the FBR (Federal Board of Revenue), 99% of Pakistanis don’t pay taxes. Around 2.2 million people are on the Active Taxpayers List (ATL). Countries around the globe provide exclusive benefits and tax breaks to their taxpayers. So, this is a guide for you to become a tax filer in Pakistan to enjoy those benefits and perks… Read More »
What exactly are NFTs? As the value of digital art continues to rise, this is the topic everyone is pondering. A picture, video, or any other type of digital or physical property can be registered on the blockchain using non-fungible tokens. If you have anything unique that can be saved digitally and has value, you can manufacture NFTs.… Read More »
Knox Wire announces new cross-border financial solutions faster and cheaper than anything on the market. The company has launched an innovative Real-Time Gross Settlement (RTGS) Network. This service challenges already established wire transfer systems like RippleNet and Swift. Knox Wire is on the verge of revolutionizing international transactions via financial institutions. Its latest service supports almost instant cross-border… Read More »
LunaOne is the name of a new project preparing itself to land in the crowded market of the metaverse industry. As many analysts know, there is a strict link between the metaverse and the blockchain world, which is why LunaOne will soon launch a cryptocurrency. XLN, as labeled by the team, will initially run on the Binance Smart… Read More »
Knox Wire is opening up an interactive infrastructure between financial institutions through the help of a bidirectional communication system. This feature allows institutions in the network to receive, send, and confirm transaction information. Introducing a two-way messaging system could make transaction processes easier to complete. Real-Time Messaging and Payments Today, recovering transactional data after completing the actual transaction… Read More »
![How to invest in Gold Bullion for the highest profits [howpk.com]](https://howpk.com/wp-content/uploads/2017/02/gold-coin-200x140.png)
Gold bullion is something most people associate with wealth and governments, however gold can assist almost anybody financially and has done so for thousands of years. Keeping large gold bars stacked away may still be for the realm of central banks and governments, however keeping small gold bars for personal savings is a great way to protect future savings.
How can gold benefit your regular savings? There are a few ways. Firstly is the historic aspect, but to understand this, you must also understand the current economic situation we are in, which I will explain below.
Until the 1960’s, the world ran on what was known as a Gold Standard, in Britain however, this was known as the Sterling, but the two intertwined. The Gold Standard means that the US Dollar was pegged to be the value of a set weight in gold, with the sterling standard, lower denominations were also fixed to a fixed weight of silver. The benefit of this system was that money could not be simply created, and hence the gold or silver had to be in existence in order for the money to be available. This system encouraged savings and safe investments, and due to the rarity of the metals, also encouraged higher interest rates, creating a society which did not depend on credit for growth, but rather capital savings and innovation.